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we can see that greece and spain mainly because. instead of. being able to work on our. ways to go out of crisis getting you know what's the solution these of course he's against the interest. of people can't well or these very issues and example they decided not to use. odious states in international law loans moultrie paid because taken against the interests of the people equate those debts repayment was. in favor of linda's like us chase bank president karimov declared it odious the billions saved doubled spending in hospitals and schools. as far as you could see into the future they were going to keep paying debt but would never reach a situation where the country actually benefits from the foreign capital. greece's most popular pulse isa resources already declared the national debt odious if it wins the next election it won't repay the banks we're joined by michael hudson who advises countries like the us on economic policy professor is greece is that odious rate or minister radio your it goes up well wait a minute or if you're going to want to see it really surrend
we can see that greece and spain mainly because. instead of. being able to work on our. ways to go out of crisis getting you know what's the solution these of course he's against the interest. of people can't well or these very issues and example they decided not to use. odious states in international law loans moultrie paid because taken against the interests of the people equate those debts repayment was. in favor of linda's like us chase bank president karimov declared it odious the billions...
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it's a live portugal greece and spain have. full blown still colm syndrome finds the study hosted to crippling that bankers coerced full of the loans and dependency and a terrifying twist the state's so called risk of the same as the host each take has first great premier papademos then it's a multi. multi national bank was forced into power don't call us and thing us develop the theory he joins us now why did you call it that. is seen because i can see there that governments are kidnapped by the s because late because i t they copied. and. they are not defended that. we can see that greece and spain mainly because. instead of. being able to work on our. ways to go out of crisis they are getting deep and you know what's the solution these of course he's against the interest of. people can't well or and he's very use and example they decided not to use. debt odious it's international law loans moultrie paid because taken against the interests of the people equate those debts repayment was loaded in favor of lenders like us chase
it's a live portugal greece and spain have. full blown still colm syndrome finds the study hosted to crippling that bankers coerced full of the loans and dependency and a terrifying twist the state's so called risk of the same as the host each take has first great premier papademos then it's a multi. multi national bank was forced into power don't call us and thing us develop the theory he joins us now why did you call it that. is seen because i can see there that governments are kidnapped by...
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portugal greece and spain have. full blown still colm syndrome finds the study host to just a crippling bit bonkers coast full of the loans and dependency and a terrifying twist the state's so-called risk of the same as the host each take has first great premier pop at the most then it's a nice moment to see. multinational because for stints of power don't call us and thing us develop the theory he joins us now why did you call it that. is seen drum because i can see that that governments are kidnapped by b.s. because late we could achieve this kind of people and. they are not defending that . we can see that greece and spain mainly because. instead of. being able to work on our. ways to go out of crisis they are getting here was the solution these of course he said gains the interest. of people well or in these very issues and example they decided not to use. odious states in international law loans moultrie paid because taken against the interests of the people equate those debts repayment was loaded in favor of l
portugal greece and spain have. full blown still colm syndrome finds the study host to just a crippling bit bonkers coast full of the loans and dependency and a terrifying twist the state's so-called risk of the same as the host each take has first great premier pop at the most then it's a nice moment to see. multinational because for stints of power don't call us and thing us develop the theory he joins us now why did you call it that. is seen drum because i can see that that governments are...
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in spain right now, though, they're also about vegetables, specifically -- >> carrots. carrots. >> reporter: carrots. the humble root which may determine whether kym marsh's theater in the town near barcelona lives or dies and a lot of others too. why? because the spanish government has recently just about tripled the sales tax on theater tickets and kym fears that no one would ever fill these seats, until he made a discovery whiles out shopping. the tax on carrots is 4%. >> 4%, yes. >> reporter: the tax on theater tickets -- >> 21%. >> reporter: 21%. kym marsh did the math. food for the body, 4% tax. food for the soul, 21%. there had to be a way to bridge the gap. there was. kym doesn't sell tickets now. he sells carrots, expensive ones. >> 15 euros, one carrot. >> 15 euros, one carrot. >> yes >> 17 bucks for the carrot, you get the ticket for free. >> free. >> reporter: for every carrot you buy, you get a free ticket. >> okay. see? >> reporter: it's not really a laughing matter. theaters, movie houses around the country are all being hit by the new tax and are looking
in spain right now, though, they're also about vegetables, specifically -- >> carrots. carrots. >> reporter: carrots. the humble root which may determine whether kym marsh's theater in the town near barcelona lives or dies and a lot of others too. why? because the spanish government has recently just about tripled the sales tax on theater tickets and kym fears that no one would ever fill these seats, until he made a discovery whiles out shopping. the tax on carrots is 4%. >>...
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. ♪ >>> spain is in a financial crisis. the economy in recession, the government in debt, unemployment at 26%. it's a crisis that was threatening to put theaters out of business. but as mark phillips found, one theater owner got an ingenious idea straight out of bugs bunny. >> reporter: in other places, theatrical production may be about drama and song. in spain right now, though, they are also about vegetables. specifically -- >> carrots. >> reporter: -- carrots, the humble root which may determine whether quim marce's theater in the town of bescano, north of barcelona, lives or dies, and a lot of others, too. why? because the spanish government has recently just about tripled the sales tax on theater tickets. and quim feared that no one would ever fill these seats, until he made a discovery while out shopping. the tax on carrots is 4%. the tax on theater tickets, 21%. quim marce did the math. food for the body, 4% tax. food for the soul, 21%. there had to be a way to bridge the gap. there was. quim doesn't sell tickets no
. ♪ >>> spain is in a financial crisis. the economy in recession, the government in debt, unemployment at 26%. it's a crisis that was threatening to put theaters out of business. but as mark phillips found, one theater owner got an ingenious idea straight out of bugs bunny. >> reporter: in other places, theatrical production may be about drama and song. in spain right now, though, they are also about vegetables. specifically -- >> carrots. >> reporter: -- carrots,...
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the international monetary fund have imposed on greece spain and portugal and ireland over the last two years the demand for austerity is precisely the reason that youth unemployment as you said in greece is now around fifty percent and approaching similar levels in much of the rest of southern europe it's the e.u. this being the problem here it's not being part of the solution in any way just one is about significance in to what is this president's been saying does it perhaps suggest there are political cracks in brussels here we have a top official being openly critical of the rest of europe. i mean there are always political cracks in brussels and across europe you have a group of countries that will agree on some things but won't agree on everything and when you start to push them together when they start to end up in a deep economic crisis it's also a crisis of institutions of course they start to squabble and that's what we've seen over the last few years no real agreement on what to do next because everyone has their own somewhat divergent interests and that's germany doesn't wan
the international monetary fund have imposed on greece spain and portugal and ireland over the last two years the demand for austerity is precisely the reason that youth unemployment as you said in greece is now around fifty percent and approaching similar levels in much of the rest of southern europe it's the e.u. this being the problem here it's not being part of the solution in any way just one is about significance in to what is this president's been saying does it perhaps suggest there are...
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whether it's the bund or even yields in spain are falling as prices rise a little bit. so there is light at the end of the tunnel according to our next guest. he says the global economy is close to reaching its weakest point before recovery sets in. he's robert cohen, chief equity strategist. woke. >> good morning. >> we just heard rob doddson talking through some of these results. unfortunately, we saw some signs of weaker demand, especially global demand in these reports. but perhaps what is consistent with what you're saying, why is it your view that that is going to happen? >> sometimes you need to pull away. you move away from the fundamentals a little bit on the month to month improvements. if you look at 2013 as a whole, the big headwinds you've had in a number of years, fiscal austerity is largely the sarp in europe year on year. 2014, that comes up quite quickly. 2013 is largely going to be the final year of the crushing deleveraging if you like on the european banks. so essentially the whole theme of the aurm is 2014 should credibly be the first recovery year
whether it's the bund or even yields in spain are falling as prices rise a little bit. so there is light at the end of the tunnel according to our next guest. he says the global economy is close to reaching its weakest point before recovery sets in. he's robert cohen, chief equity strategist. woke. >> good morning. >> we just heard rob doddson talking through some of these results. unfortunately, we saw some signs of weaker demand, especially global demand in these reports. but...
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. > > it's good maybe compared to spain, which is 25%, but it matters what kinds of jobs they're doing. we need economic value. if they are working at starbucks, if they are working at retail stores, that is not really providing for the economy. > > it's getting better. what andrew's forgetting- > > getting better? it's the lowest it's been since obama has been president, yes, but historically it's extremely high. > > a lot of people are leaving the workforce- > but is it good for the stock market? is it good for the stock market? > > it could have a muted effect- > > if it keeps going down, then it's good. but if it stays at 7.7%, it's not good. > round two: stocking up on confidence - consumer spending is back to 2007 levels again. what stocks do you buy to take advantage of the consumer confidence rebound? > > my two favorite stocks - and if you look at them, the p/e's are really high, but the growth rates are unbelievable - is amazon and lululemon. if you look at charts of both of these, these are busting through- > > so people are going to be spending more on workout clothes- > >
. > > it's good maybe compared to spain, which is 25%, but it matters what kinds of jobs they're doing. we need economic value. if they are working at starbucks, if they are working at retail stores, that is not really providing for the economy. > > it's getting better. what andrew's forgetting- > > getting better? it's the lowest it's been since obama has been president, yes, but historically it's extremely high. > > a lot of people are leaving the workforce- > but...
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buyers in italy, spain, and france proved especially wary. only britain bucked the trend with a rise in new car sales. a decade it has been since the inclusion of the german media empire. the state appellate court in munich today ruled that deutsche bank must pay damages to the heirs of the deceased mogul. >> the court ruled that the former ceo of deutsche bank, seen here, was responsible for the collapse of the world's largest licenser of film rights. in an interview, this credit worthiness was question, driving the conglomerate into bankruptcy. damages are expected to range anywhere from 120 million euros to 1.25 billion euros. it was also a big topic at the frankfurt stock exchange today. our market correspondent gave us this report from the trading floor. >> for the deutsche bank, this verdict is more than just a verdict because it weighs heavily on the image of germany's biggest bank. also because of the fact that the trial is not the only one that the deutsche bank is faced with, and some analysts are fearing now that investors might lo
buyers in italy, spain, and france proved especially wary. only britain bucked the trend with a rise in new car sales. a decade it has been since the inclusion of the german media empire. the state appellate court in munich today ruled that deutsche bank must pay damages to the heirs of the deceased mogul. >> the court ruled that the former ceo of deutsche bank, seen here, was responsible for the collapse of the world's largest licenser of film rights. in an interview, this credit...
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he was due to go to spain. he even call from hospital to say he could not go. his widow's lawyers said this meant he should have been protected. britain has been trying to improve relations with russia, but old wounds may now be reopened. >> there will be unusually stark and diplomatic fallout from this incident it was known when the papers were delivered and this would cause reaction, and perhaps even anger. >> was he killed on orders of the russian secret services? and was it because of his work for the british secret service tax -- service? >> it gets more and more mysterious. still to come, leaving his mark where it was not wanted. evangeline's a prison sentence after defiling a famous painting. >> ministers agreed on a fully fledged banking union and bailout loans for greece. what was being done to prevent another global downturn? that was on queen elizabeth's mind as she visited the bank of england. >> trying her hand at high finance, the queen, put in her signature on a special, a bank note. >> it does not improve much. >> the bank note, worth 1 million
he was due to go to spain. he even call from hospital to say he could not go. his widow's lawyers said this meant he should have been protected. britain has been trying to improve relations with russia, but old wounds may now be reopened. >> there will be unusually stark and diplomatic fallout from this incident it was known when the papers were delivered and this would cause reaction, and perhaps even anger. >> was he killed on orders of the russian secret services? and was it...
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and it's far from the christmas spirit in spain as thousands of people have taken to the streets of madrid protesting against austerity demonstrators left out at the government's cuts to the education sector saying this already drastically damages the quality of teaching spanish authorities are desperately trying to avoid the economic bailout state of other nations like greece portugal and ireland the country is nearly one hundred fifty billion euros. just ahead more revelations in a case which has been poisoning ties between russia and the u.k. the russian intelligence officer alexander litvinenko murdered in london six years ago turns out to have been a triple agent. and iran is that set to get nuclear talks back on track saying you won watchdogs latest visit was productive still not allowing you to inspect the controversial part and that's an achievement. i never thought i could earn a living this way. not on the issue of hours alone should just small arms of this autos tomasz and building plant lot are the source count of all the weapons she's fired over. past twelve years. i got so us
and it's far from the christmas spirit in spain as thousands of people have taken to the streets of madrid protesting against austerity demonstrators left out at the government's cuts to the education sector saying this already drastically damages the quality of teaching spanish authorities are desperately trying to avoid the economic bailout state of other nations like greece portugal and ireland the country is nearly one hundred fifty billion euros. just ahead more revelations in a case which...
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the world there's some other international news in brief now it's far from the christmas spirit in spain as lines of people have taken to the streets of madrid protesting against austerity demonstrators lashed out at the government's cuts to the education sector saying this already drastically damages the college of teaching spanish authorities are desperately trying to avoid the economic ditch and the bailout fate of other nations like greece portugal and i. and. the british government will pay over two million pounds as compensation to the family of a prominent libyan dissident who claim britain's m i six played a key role in his kidnap and hong kong and possible transfer to tripoli where he was later tortured by the gadhafi regime in twenty eight and the u.k. also paid millions to a number of guantanamo bay inmates to avoid a potentially embarrassing investigation after they accuse london of a cozy relationship with autocratic regimes. having sex with a pet be prohibited in germany after parliament founded of our most importance to pass a new anti best deal if the law actually peter o
the world there's some other international news in brief now it's far from the christmas spirit in spain as lines of people have taken to the streets of madrid protesting against austerity demonstrators lashed out at the government's cuts to the education sector saying this already drastically damages the college of teaching spanish authorities are desperately trying to avoid the economic ditch and the bailout fate of other nations like greece portugal and i. and. the british government will...
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the international monetary fund have imposed on greece and spain and portugal and ireland over the last few years the demand for austerity is precisely the reason that youth unemployment in greece is now around fifty percent and approaching similar levels in much of the rest of southern europe it's the e.u. this being the problem here it's not being part of the solution in any way part of the issue here is the european union has as never been a democratic project in the past i think it was accepted by people because it delivered the goods it looked like that you had to have more press prosperous societies economic success maybe even paste you have a group of countries that will agree on some things but won't agree on everything and when you start to push them together when they start to end up in a deep economic crisis that's also a crisis of institutions of course they start to squabble and that's what we've seen over the last few years no real agreement on what to do next because everyone has their own somewhat divergent interests and that's germany doesn't want to carry the can for f
the international monetary fund have imposed on greece and spain and portugal and ireland over the last few years the demand for austerity is precisely the reason that youth unemployment in greece is now around fifty percent and approaching similar levels in much of the rest of southern europe it's the e.u. this being the problem here it's not being part of the solution in any way part of the issue here is the european union has as never been a democratic project in the past i think it was...
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it's all from the christmas spirit in spain there's thousands of people have taken to the streets of madrid protesting against austerity demonstrators last hour that the government cuts to the education system sector saying this already drastically damages the quality of teaching spanish authorities are desperately trying to avoid the economic dish and the bailouts later of other nations like greece portugal and ireland the country is nearly one hundred fifty billion euros in a day. does the head small revelation suffer isn't a case which has been poisoning ties between russia and the us from an intelligence that they did in london six years ago turns out that they have aaa. and the iran is said to get nuclear talks back on track say the un so what starts later this visit was productive they're still not allowing you to inspect the controversial parts of the test site for a few minutes. the san bernardino california police force was to shrink by eighty officers this year to cover their budget deficit during a local meeting the chief of police laid out the city's problems the sea is f
it's all from the christmas spirit in spain there's thousands of people have taken to the streets of madrid protesting against austerity demonstrators last hour that the government cuts to the education system sector saying this already drastically damages the quality of teaching spanish authorities are desperately trying to avoid the economic dish and the bailouts later of other nations like greece portugal and ireland the country is nearly one hundred fifty billion euros in a day. does the...
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it's far from the christmas spirit in spain as thousands of people have taken to the streets of madrid protesting against austerity and demonstrators left out at the government's cuts to the education sector saying this already drastically damages the quality of teaching spanish authorities are desperately trying to avoid that you can only do it at the bailouts rate of other nations like greece portugal and ireland the country is maybe one hundred fifty billion euros in debt. just ahead more revelations us servers and i case which has been poisoning ties between russia and the u.k. evidence is that formal teligent alexander litvinenko was on the pay of the british and spanish super services forms more than six years ago. and iran is going to get nuclear talks back on track stay where you want to watch stocks latest visit was productive and still not allowing you to inspect the controversial college and test site that's enough for. his day starts at five am even earlier in the winter tending to his flock of story hundred sheep in the mountains in plains. thirty five years old it wasn't
it's far from the christmas spirit in spain as thousands of people have taken to the streets of madrid protesting against austerity and demonstrators left out at the government's cuts to the education sector saying this already drastically damages the quality of teaching spanish authorities are desperately trying to avoid that you can only do it at the bailouts rate of other nations like greece portugal and ireland the country is maybe one hundred fifty billion euros in debt. just ahead more...
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the rest of the world because we're afraid of these regulations it's far from the christmas spirit in spain as thousands of people have taken to the streets of madrid protesting against austerity demonstrators lashed out at the government cuts to the education sector saying this already drastically damages the quality of teaching spanish authorities are desperately trying to avoid the economic ditch and the bailout fate of other relations like greece portugal and ireland the country's nearly one hundred fifty billion euros in debt. just ahead amol revelations are surveys in a case which has been poisoning ties between russia and the. intelligence office and it sounded very good in london six years ago turns out to have been what agent . and iran is said to get nuclear talks back on track saying the un wants talks latest visit was productive still not allowing it to inspect the controversial part of the test site. the u.s. . military presence in south east asia with washington reportedly on the brink of a deal to rotate more troops and ships through the philippines territorial tensions in th
the rest of the world because we're afraid of these regulations it's far from the christmas spirit in spain as thousands of people have taken to the streets of madrid protesting against austerity demonstrators lashed out at the government cuts to the education sector saying this already drastically damages the quality of teaching spanish authorities are desperately trying to avoid the economic ditch and the bailout fate of other relations like greece portugal and ireland the country's nearly...
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impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. re price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ john: in that song john lennon suggested there was no religion we would live in harmony. given the people killed in the crusade of fully war he has a point*. billions were murdered radius. between 60 and 100 billion taka out hitler and mao and stalin. larry taunton says it is because the board neediest. you don't know that. >> the way the russian novelist blooded if there is no mortality there can be no virtue if there is no guide if anything goes to yuki and get away with. that was the driving force behind the communist regime. >> i am not convinced there is a guide but i try to do good things god does not play into it. >> it doe
impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. re price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ john: in that song john lennon...
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even though they're in a bit of a recession, a lost generation in spain, are they really fixed? we'll ask mark grant the tough questions bottom of the hour. , we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> facebook experiencing its fourth lockup today. today 160 million shares hitting the market. our next guest is an author of the book "the facebook era" clara shih the president of a company that has enterprises with large store networks on facebook linked in and other social networks. welcome back and good to see you again. >> good to see you. thanks for having me. >> i wonder what your take is short term on the lockup expiration. we've had it both ways this year. where some of the shorts are s
even though they're in a bit of a recession, a lost generation in spain, are they really fixed? we'll ask mark grant the tough questions bottom of the hour. , we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want...
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>> i hold the bottle that is very decent it is from spain and 1295 days dollars in defense sense per bottle. >> i don't know the menu. >> that does not matter for dinner. most people think they will have it right then and there but most people have their own wine ready. it is more as a gift. you put so much time into the wind you pick. >> it is always safe to break a sparkled wind. tracy: i am in charge of matching. piano in a war? >> it is the easiest. smoothes and the perfect read. >> my wife and i drink winn from argentina. every night white wine. tracy: started 1947? 1970 were on the map going from a really expensive bottle. >> i have the opportunity to taste the wine made clear year lincoln was shot. 1865. i decided it only had the opportunity once in my life. i went for it. i held the world record platt -- price of $520. it would be around $50,000 a bottle today. tracy: that was a lot of money back then. >> 105 years old at the time. tracy: some of the most expensive models you cuddle that like good newborn child >> this is so expensive and precious. 1945. i did not know we had
>> i hold the bottle that is very decent it is from spain and 1295 days dollars in defense sense per bottle. >> i don't know the menu. >> that does not matter for dinner. most people think they will have it right then and there but most people have their own wine ready. it is more as a gift. you put so much time into the wind you pick. >> it is always safe to break a sparkled wind. tracy: i am in charge of matching. piano in a war? >> it is the easiest. smoothes...
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japan tops the list for women, followed by south korea, spain, and singapore. u.s. women finished 33rd in the tie with astona. >> we have to get ahead of astonia. >> all right. barbara streisand talking romance and politics with piers morgan. the hollywood icon says she's never been in love with a republican and never could be. she's a big president obama supporter and says the one thing that makes her proudest is his support for women and barbara streisand has a particular woman in mind to succeed the president. >> well, we're one of the last countries to ever think of having a woman be president. but i think that's possible now. but it wasn't years ago. >> do you think hillary is likely to run? >> i don't know but i hope after a four-year rest that she would run because she would be a great woman president. >> piers asked barbara streisand to name the greatest actor she's ever seen. her answer, marlon brando. good pick. >> i would say so. >>> the unseen victims of a growing epidemic in this country. coming up, prescription drug abuse and the impact on people who n
japan tops the list for women, followed by south korea, spain, and singapore. u.s. women finished 33rd in the tie with astona. >> we have to get ahead of astonia. >> all right. barbara streisand talking romance and politics with piers morgan. the hollywood icon says she's never been in love with a republican and never could be. she's a big president obama supporter and says the one thing that makes her proudest is his support for women and barbara streisand has a particular woman in...
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liz: worried about greece and ireland and portugal, and italy, spain, then the election. go back to the primaries. what will happen with the primaries, then election, then fiscal cliff. it's always something. all you really saw if you look at one are to your charts of the s&p, dow, you name it. not exactly a straight shot, but it was a rally. people sitting on the sidelines terrified, shaking their hands saying we are not going to buy. look at the far left. now where we are today, you're looking at what some of you out there miss because you were scared. how did you convince people there is more room to run normally you don't believe that? >> for us it is very much business. with respect to these various crises are fears of the fiscal cliff for the election are what have you that the rate -- create uncertainties in investors' minds, it's often better to adjust to now. ridge example is the election. in early november right after words two weeks later, 11%, markets is just grew up. be classy about this. event guess what. yesterday or the day before we were basically where w
liz: worried about greece and ireland and portugal, and italy, spain, then the election. go back to the primaries. what will happen with the primaries, then election, then fiscal cliff. it's always something. all you really saw if you look at one are to your charts of the s&p, dow, you name it. not exactly a straight shot, but it was a rally. people sitting on the sidelines terrified, shaking their hands saying we are not going to buy. look at the far left. now where we are today, you're...
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impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. by showing you the apartment building >> i thought i would start you the red cross put us in a hotel so we were able to stay together. we're strong and if we overcame that or if we can overcome that... we can overcome anything. [ sniffles ] ♪ >> sean: welcome back to hannity. time for media mash, our weekly round up of all the ways the main extreme media tries to put their liberal spin on their news. when it camene to covering the passage of the right to work legislation in michigan, they couldn't hide their bias. here to explain it, brother bozell. how are. you, sir. >> brother hannity, how are you doing? >> sean: i'm doing good.
impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. by showing you the apartment building...
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Dec 14, 2012
12/12
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CNBC
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to pay its bills we know there may come a time when we have to do something along the lines of what spain did or ireland or greece, cut back our social programs dramatically. we'll have to do what the rest of europe will do over time, which is accept a lower standard of living forever everybody which is why the longer-term plan is so vital, not the short-term craziness. because everybody knows he we can't keep providing americans with the current level of services unless we raise taxes in a big way on erin and cut spending somehow. even the democrats are unwilling to consider that kind of tax cut. that's why long-term spending cuts are so important. they figure into the job creation of the next 25 to 30 years, and the ability of people to stay out of poverty longer term. in the meantime, you can't get the growth needed for government receipts to go higher even in the near term. put simply, if you got someone from honeywell or eaton or celgene in the rule, explain the impact. the imperative would be to get this fiscal cliff done before vacation. hey, listen, yes, no vacation without legisl
to pay its bills we know there may come a time when we have to do something along the lines of what spain did or ireland or greece, cut back our social programs dramatically. we'll have to do what the rest of europe will do over time, which is accept a lower standard of living forever everybody which is why the longer-term plan is so vital, not the short-term craziness. because everybody knows he we can't keep providing americans with the current level of services unless we raise taxes in a big...
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Dec 14, 2012
12/12
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MSNBCW
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announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ don't know what i'd do ♪ i'd have nothing to prove ♪ i'd have nothing to lose [ male announcer ] zales is the diamond store. take up to an extra 15 percent off storewide, now through sunday. take up to an extra 15 percent off storewide, progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or c
announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before...
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Dec 14, 2012
12/12
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CSPAN2
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have to do is look at southern europe to see what is going on. 25 percent unemployment in greece and spain. imagine what the minority unemployment would be if we had a 25% unemployment rate on average. we see pensions being cut without any notice at all. we see social price ramps slashed. so i would think if we can convince the representatives of the so-called disadvantaged groups that there is at least some probability that that will happen to us, i would say a certainty that will happen to us eventually if we don't do something about the situation, i would think there would be much more sober in their demands. but at this moment i don't see it. >> i would say, you know, that a lot of this is, you know, if we are talking inside the beltway, that is a different conversation of we go outside the beltway. part of the disservice that the debate is having today is that it is -- it is steering away from what the real issues are, the most pressing issue, which is the potential for a sovereign debt crisis and more optimistic. you know, steering the conversation away from that. and it is not helpi
have to do is look at southern europe to see what is going on. 25 percent unemployment in greece and spain. imagine what the minority unemployment would be if we had a 25% unemployment rate on average. we see pensions being cut without any notice at all. we see social price ramps slashed. so i would think if we can convince the representatives of the so-called disadvantaged groups that there is at least some probability that that will happen to us, i would say a certainty that will happen to us...